Kinross Gold Co. (TSE:K - Get Free Report) (NYSE:KGC) Senior Officer Claude J.S. Schimper sold 10,000 shares of the business's stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of C$15.63, for a total value of C$156,300.00.
Kinross Gold Stock Performance
TSE:K opened at C$16.09 on Wednesday. The firm has a 50-day moving average of C$15.42 and a two-hundred day moving average of C$14.06. The company has a debt-to-equity ratio of 18.81, a current ratio of 1.61 and a quick ratio of 1.11. The stock has a market cap of C$13.99 billion, a P/E ratio of 18.94, a PEG ratio of -0.60 and a beta of 1.24. Kinross Gold Co. has a 1-year low of C$7.04 and a 1-year high of C$17.63.
Kinross Gold Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Wednesday, March 5th will be paid a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.75%. Kinross Gold's dividend payout ratio (DPR) is presently 18.84%.
Analyst Ratings Changes
Separately, National Bankshares boosted their price target on Kinross Gold from C$20.00 to C$22.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 11th. Five research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of C$17.10.
Check Out Our Latest Report on Kinross Gold
About Kinross Gold
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Kinross Gold is a Canada-based senior gold producer, producing roughly 2.4 million gold equivalent ounces in 2020. The company had 30 million ounces of proven and probable gold reserves and 59 million ounces of silver reserves at the end of 2020. It operates mines and focuses its greenfield and brownfield exploration in the Americas, West Africa, and Russia.
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